RAWALPINDI: Special Adviser to Prime Minister on Oversees Investment Javed Malik said on Thursday that foreign investors were ready to invest in various sectors in the country.
Talking to mediapersons, at Rawalpindi Chamber of Commerce and Industry (RCCI), Mr Malik said that foreign investors were eager to explore in minerals, energy, banking and other sectors in the country.
Flanked by heads of various multinational companies and investment firms, the special advisor to PM said that an MoU in energy sector had already been signed with a foreign company that would help generate 660 megawatt electricity in the country.
Mr Shahal Khan, head of Royal Partners Energy and Colt Resources Inc, on the occasion said that Pakistan was the focus of foreign investment due to friendly attitude of the government, hoping that massive investment in energy sector would soon help resolve power outages in the country.
Members of business community had swamped the building of RCCI, prior to the arrival of the heads of five foreign investment companies, in order to exchange views on what should be explored in the country.
When asked why would the investors dare to invest in a country plagued by terrorism, the PM’s adviser said that the federal and provincial governments had assured security to foreign firms arguing that the firms were willing to invest.
“It is up to government to maintain law and order. Our job is to explore resources that could benefit the people of Pakistan and generate income and job opportunities for people,” Nicolas Perrault, Director Calvalley Petroleum, replied to a query.Earlier, President RCCI, Dr Shimail Daud, said that Pakistan anxiously needed oversees investment, claiming that foreign investment was pre-requisite for the economic uplift of the country, which he said was not satisfactory in Pakistan.
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